Quintiles to boost early-phase testing lab with Advion Biosciences acquisition

Quintiles says it will buy US bioanalytical lab Advion BioServices citing a pharmaceutical industry shift towards more thorough laboratory testing as motivation.

Advion, which is the US contract research organisation’s (CRO) third acquisition in as many weeks​, provides pharmacokinetic and pharmacodynamics analysis services for a range of drug developers, including Pharma major Eli Lilly which farmed out all of its testing work to the firm in March​.

Quintiles said increasing late-phase attrition rates are driving demand for more preclinical and early clinical stage bioanalytical anaylsis as developers seek to make their R&D spending as efficient as possible.

Advion operates three labs in the US in Ithaca in New York, Manassas in Virginia and one at the Purdue Research Park in Indianapolis, Indiana which was set up as a centre of excellence following the firm’s deal with Lilly.

Related news

Show more

Related products

show more

Using Define-XML to build more efficient studies

Using Define-XML to build more efficient studies

Content provided by Formedix | 14-Nov-2023 | White Paper

It is commonly thought that Define-XML is simply a dataset descriptor: a way to document what datasets look like, including the names and labels of datasets...

Related suppliers

Follow us

Products

View more

Webinars